The Governor has no crystal ball to see Britain’s fortunes after Brexit
SIR – Mark Carney, the Governor of the Bank of England, joins others in painting a picture of Armageddon in the event of there being no settled agreement when Britain exits the EU next March (report, September 14).
It seems timely to remind folk that the country did not begin to function properly only after 1973, when we first signed up to the European Common Market. Instead, history tells us that we have a very long and proud history of achievement and success and there is no good reason to suppose that we would be unable to continue that tradition after Brexit. David Spencer
SIR – It is to be expected that Mark Carney would warn of problems in the event of a no-deal Brexit, but his duty must also extend to considering the problems of staying in the EU in a similar worst-case scenario where the euro fails, ultra Right-wing governments take power in member states and a number of the poorer countries fail to meet their international financial obligations. Peter R Plail
SIR – Was Mark Carney given an extension of his position as Governor of the Bank of England so that he could head up Project Fear Mark Two?
Fortunately, he has zero credibility after his earlier warnings of economic collapse and mass unemployment should the electorate vote for Brexit. Noel Baptiste
SIR – It was pleasing to read (Business, September 14) that Mark Carney will be eligible for a peerage following adoption of British citizenship.
His recruitment was one of the few decisions George Osborne as Chancellor got right. Mr Carney has brought a quality of intellect and common sense much desired in someone in charge of our money. Richard Sweet
Penclawdd, West Glamorgan SIR – What a relief to read Mark Carney’s predictions of doom and gloom following a no-deal Brexit.
We can now rest assured that the opposite will be the case. Roger Pinner
St Neots, Huntingdonshire
SIR – Mr Carney’s prediction of a property price crash in the event of a no-deal Brexit will hurt the banks, with their involvement in equity release, while gladdening the hearts of those waiting to get on the housing ladder.
Perhaps he is trying to bring younger, would-be property buyers behind the Vote Leave campaign. George Gooden
SIR – Brexiteers should recognise the hard fact that there are still many for whom economic chaos post-brexit would signify success; it would prove them right all along. Rosy Drohan